Affirm Holdings Inc (AFRM) — Cash Flow-to-Debt Ratio
Affirm Holdings Inc (AFRM) has a Cash Flow-to-Debt Ratio of 0.03x as of June 2026, meaning its operating cash flow of $296.37 Million could theoretically repay 0% of its total liabilities ($10.31 Billion) in one year. See AFRM free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Affirm Holdings Inc Cash Flow-to-Debt Ratio (2019–2026)
Historical debt coverage capacity for Affirm Holdings Inc across 8 annual periods. For the full cash flow conversion analysis, see Affirm Holdings Inc (AFRM) cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Affirm Holdings Inc (2019–2026)
Year-by-year debt coverage analysis for Affirm Holdings Inc. Check earnings quality score of Affirm Holdings Inc to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | 0.12x | $1.23 Billion | $10.31 Billion | ▲ +21.6% |
| 2025 | 0.10x | $793.91 Million | $8.09 Billion | ▲ +48.1% |
| 2024 | 0.07x | $450.14 Million | $6.79 Billion | ▲ +2960.5% |
| 2023 | 0.00x | $12.18 Million | $5.62 Billion | ▲ +105.8% |
| 2022 | -0.04x | $-162.19 Million | $4.36 Billion | ▲ +55.8% |
| 2021 | -0.08x | $-193.13 Million | $2.29 Billion | ▼ -109.1% |
| 2020 | -0.04x | $-71.30 Million | $1.77 Billion | ▲ +38.5% |
| 2019 | -0.07x | $-92.50 Million | $1.41 Billion | — |